Unfortunately Mr Squiggle's post above was moderated so I'm quite disappointed I missed reading his highly insightful post.
So, to solve that disappointment I decided to go and re-watch Darren's recent presentation at Resource Rising Stars to see if Mr Squiggle was onto something with his SELL recommendation and that perhaps he knew something that CTM's MD didn't know about the company and where it was headed. Darren's presentation starts at 1:14. If you have not seen it, watch it here:
https://www.bigmarker.com/read-corporate/RRS-Investor-Conference-Day-One-Session-Two?show_live_page=true
I admit it... I made a BIG mistake by watching this presentation.
Every time I watch Darren speak about CTM and the opportunity ahead for the company I feel compelled to buy more shares, which is what I have done this morning
Sorry@Stan123, I have really tried but I just can't get onboard with your SELL recommendation. While Darren mentions on multiple occasions the fact CTM's MRE is already globally significant, it is this slide in particular that COMPELS me to load up even more (hint: look at the "Open at Depth" and "Untested" notes and the "Planned Hole" dotted lines and consider the potential they have to expand the resource considerably)...
and if that upside potential alone isn't enough to change your sentiment, how about the already funded 25km of regional drilling program that's currently underway?
CTM is by far one of the easiest BUY and HOLDS if you have a 2+ year horizon and want spectacular returns (in my opinion of course). OR, you could put your money in a Term Deposit@Stan123 and enjoy the almost guaranteed 1%pa.
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Last
41.0¢ |
Change
0.005(1.23%) |
Mkt cap ! $210.8M |
Open | High | Low | Value | Volume |
40.5¢ | 44.0¢ | 40.5¢ | $157.6K | 375.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 10617 | 40.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.0¢ | 13031 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 10617 | 0.405 |
1 | 258 | 0.400 |
3 | 11258 | 0.395 |
1 | 85047 | 0.390 |
1 | 44198 | 0.385 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 13031 | 4 |
0.425 | 6928 | 2 |
0.430 | 89700 | 3 |
0.435 | 38175 | 2 |
0.440 | 39145 | 2 |
Last trade - 11.53am 13/09/2024 (20 minute delay) ? |
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